Post
Topic
Board Economics
Re: Why do you think the market is down right now?
by
Finestream
on 05/09/2018, 17:55:20 UTC
Well at the first place we should know what the fluctuating market is and volatility is. Market is down yes but not because people starts to lose interest but they are into mind strategies, we are currently on a bear market right now wherein the prices are low so as bitcoin. What the market need right now is a massive buy orders to get increase.
Right.We are still facing on a down market today since crypto is very much volatile and fluctuations will be expected all the time.I think having a down market is caused by some negative news that have totally affected some investors and holders to make panic selling in some ways.Hopefully the price will soon to recover making the market turns into green again.